Canaccord Genuity Reiterates Buy Rating on Rivian

Canaccord Genuity analyst George Gianarikas reiterated a Buy rating and $21.00 price target on Rivian Automotive Inc (NASDAQ: RIVN).

“Rivian’s 4Q25 deliveries essentially met expectations; but our enthusiasm for 2026 is undiminished. The company’s journey so far has been far from smooth.

We have long admired Rivian’s technology, vertically integrated strategy, leadership team, and its vehicles.

Since the IPO, however, Rivian’s earnings revisions have trended mostly downward.

The world has changed significantly since then, and we view this as largely a reflection of challenging market conditions.”

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